Its a nice thought, and I feel where he's coming from, but it feels like one of those rants thats a bit in denial about human nature.
Edit added later: After hearing the podcast, he might just be sincere about this. Somewhat weird to see Merlin's cynicism not laced with a healthy dose of sarcasm.
He amplified the opinions expressed here in this talk with John Gruber: http://www.43folders.com/2009/03/25/blogs-turbocharged